Franchisees also have access to substantially discounted trips so they have firsthand experiences of the vacations they are selling. Whether you’re looking for a turn-key franchise that takes minimal time to run, or an online franchise that allows you the flexibility to work from home or elsewhere, there are many options. It started franchising the following year and now has 103 franchises across the country.
After that, you can consider expanding or even buying a second franchise. That could be a good thing or a bad thing, depending on what you’re looking for in your business investment, but it’s certainly worth noting ahead of time. Like Cruise Planners, Dream Vacations is a home-based travel agency network. Both travel agencies — and many of the franchises on this list — also offer discounted investment prices for military veterans. So, if you have served in the armed forces, research whether the franchise you want offers those discounts. You can become an entrepreneur by starting your own business — or by buying a franchise from a major brand.
- This card offers unlimited 1.5% cash back on every purchase, so you’re rewarded for every purchase.
- So if you aspire to be your own boss but don’t want to break the bank and build a business from scratch, these low-cost options may be for you.
- As a small business owner, you have
the power to change the lives of women in your community every single day. - Many entrepreneurs choose to take advantage of a business loan, including SBA loans, business lines of credit, term loans and equipment financing.
- While the return on investment can be good if you’re in the right location, it can be harder to get started because you need so much money to get off the ground.
Franchises cost $15,000 to get started and include training, front- and back-office support, marketing supplies and ongoing coaching. Windshield repair is a dynamic low investment franchise opportunity with a
thirty-year history of servicing the commercial and insurance industry for the
repair of rock-damaged and cracked windshields. Jazzercise
offers you the low cost franchise opportunity to own your own business while
staying fit and enhancing the lives of others through exercise and dance. Jazzercise has
been the world’s dance-fitness leader for nearly 40 years with classes in more
than 32 countries.
Provided you have the option available, there can be many benefits to borrowing money from friends and family, including minimal interest rates and a longer repayment schedule. Often, friends and family are willing to give you a much better deal or take on more risk than a bank or traditional lender is willing to. To become a Metro Plumb franchisee, you’ll need to be ambitious, hard-working and commercially aware. You’ll also need an NVQ Level 2 in Plumbing, or other practical experience which will be evaluated by the training team.
Low Cost Franchise Opportunities For Sale
This successful franchise has a low startup cost of just over $20,000. The overhead will remain low because this is a mobile franchise, so you do not have to find funds to lease or buy a storefront. Starting a franchise is essentially the same thing as starting your own business.
When considering how to make money, Jazzercise offers you tons of flexibility with their dance fitness program. You have the choice of simply becoming an instructor or going to the next level and owning a Jazzercise center of your very own. That means you could run this business part-time or turn it into a full-time endeavor. We receive compensation from the products and services mentioned in this story, but the opinions are the author’s own. You put down money that isn’t borrowed, and then you take out a mortgage loan to cover the remaining cost of the home. If you go through the SBA for funding, you’re required to put down between 10% to 30% of the total project cost.
Club Pilates is one of the top pilates franchises in the United States. Founded in 2007, this group fitness franchise carries out low cost franchises up to 8 million pilates workouts a year. Most, if not all, franchisers are looking to grow in a particular geographical area.
Soccer Shots
While primarily a soccer program for young kids, they also advertise their locations as developmental centers that have impact with kids beyond the soccer field. If you have experience with kids or simply want to give back to your community, consider opening a Lil’ Kickers franchise for a rewarding business experience. Although owning a franchise isn’t for everyone, it does have some advantages over starting a business from scratch.
This is often called a « turn-key » business because the idea is you just show up and turn the key to get started. And buying one can sometimes give you a leg up compared with building a small business from scratch. If you think purchasing a franchise might be the right approach for you, this guide to the best low-cost franchises can help you explore your options and learn how much they cost. Another industry that’s doing really well currently is the education sector.
Why Super Bowl Commercials Are the Ultimate Marketing Play
Some people view franchising as a way to enjoy the best of both worlds, to own a business but with support from a proven business model. One of the main advantages of buying a franchise includes getting access to a proven business model. When you buy a franchise, you pay a licensing fee in order to open a new location of an established business brand.
Property Management, Inc.
Our highly specialized team of real estate franchise owners consists
of brokers, agents and auctioneers that live and work in the small cities,
towns and most desirable lifestyle markets nationwide. NextHome is a progressive real estate franchise with consumer-focused
branding, technology and marketing. Our flexible pricing model and competitive
programs, empower our brokers and agents to provide excellent service without
compromise.
The number of franchise locations increased by a strong 63.3% over the last three years and just about 15% over the last year. That’s why we’ve reviewed many of the different options for franchise businesses, and picked out some of the best franchise opportunities of 2022 across several different sectors. Their fees and requirements vary, but you should hopefully be able to find a franchise opportunity that piques your interest and aligns with what you’re hoping to build. Lil’ Kickers offers a great cheap franchise opportunity with a small initial investment.
Many of the most profitable franchises, like McDonald’s and Dunkin’, require large initial investments to get started. If you want to avoid big franchise fees and initial investments, consider franchises like Cruise Planners, SuperGlass Windshield Repair, or Dream Vacations. These franchises also don’t require opening a storefront, which helps save on real estate costs. With a low-cost franchise that has low overhead and no inventory, the world is
your oyster when you start a travel agency franchise with us.
Stratus offers in-house financing options to help with the initial franchise fee, equipment, inventory, and other startup costs. Of course, we can’t talk about fitness franchise opportunities without including this gem on our list. Founded in 1969, Jazzercise is no longer all about leg warmers and ’80s music. The business that started the dance party craze is making a modern and hip comeback with dance and exercise classes. Buying a Jazzercise franchise involves submitting an initial investment, finding an ideal location, and polishing up those dance moves. With the low franchise fee and initial investment, Jazzercise is one of the cheapest franchises on our list.
Grown out of the popular StrollerStrides fitness programs for mothers of young children, Fit4Mom offers nationwide franchising opportunities with very low startup costs and attractive scheduling options. Becoming a Fit4Mom franchisee allows fitness instructors to conduct their own Stroller Strides Classes, Fit4Baby Classes, Body Back Classes, Stroller Barre Classes, and Fit4Mom Run Club. You can conduct the classes in your own community and on a schedule that’s convenient to you. This vacation planning franchise is aimed at folks who want to work from home and have a passion for travel. Cruise Planners franchisees sell full-service vacation packages, including cruises, land-based vacations, trip insurance and car rentals. The Coral Springs, Florida-based company was started by veteran travel agent Michelle Fee in 1994 and began franchising in 1999.
It’s a great option for military veterans and offers discounted investment prices. Great Clips has been in business for 30 years and provides its franchise owners with up-to-date technology and training. It has invested heavily in market research to provide customers with the best service and experience. Home inspection services are always in demand, particularly in parts of the country where home sales are hot and the real estate market is hopping. Based in Orlando, with locations operating worldwide, SuperGlass Windshield Repair is among the best inexpensive franchises to buy.
The credibility and brand recognition alone that American Express brings to the table is huge for Cruise Planners franchisees. You also get access to exclusive American Express Travel benefits, whether your customers are American Express cardmembers or not. A business opportunity (sometimes referred to as a “bizopp”) is the sale of a system the licenser has cultivated and is confident will be profitable https://1investing.in/ when replicated, similar to a franchise. However, once the purchase is finalized, and training—if applicable—is completed, the relationship is usually over. Because they usually don’t come with the typical training and support franchises offer, business opportunities tend to cost less than franchises. A franchise fee is a cost a potential franchisee pays up front to operate the franchise.